Big Sale! 10 stocks to give 20-60% returns post April-June earnings
Sat, Aug 03, 2013 at 17:16
Target Price: Rs 200
Implied Upside 60%
Rationale: A continuing healthy performance on all fronts, improving operating metrics and a strong outlook for the future aids us in retaining our positive stance on the company. The company’s net asset value, post debt, stands at Rs77.8bn which translates to Rs222/share. Our target price is based on a 10% discount to NAV which translates to Rs200.